QuikrBikes Reaches 50 Bike Points Across 12 Cities

India’s Only Online-to-Offline Bikes Marketplace Experiencing Strong Growth

Bangalore, 26 September 2018: Quikr, which now operates leading transaction marketplaces built on top of India’s largest classifieds platform, today announced that QuikrBikes, a key part of its auto vertical, has reached 50 Bike Points across 12 Indian cities. QuikrBikes helps people buy and sell all types of motorbikes under the company’s Quikr Assured program, in which sellers can conveniently sell their bikes within an hour, and buyers can buy certified pre-owned bikes with full trust backed by a Quikr guarantee and the company’s financing solutions. The buyers of these bikes also enjoy the benefit of assured buyback by QuikrBikes at up to 80% of the bike’s value. Bike enthusiasts in Bengaluru, Pune, Hyderabad, Delhi, Gurgaon, Vijayawada, Nagpur, Ahmedabad, Lucknow, Baramati, Hubli, and Jaipur can now sell and buy bikes under the offering.

Under the Quikr Assured program, QuikrBikes identifies the bikes listed on its platform that meet its bike acquisition criteria across 29 checkpoints and document verification, sends these bikes for refurbishing and then displays them at its Bike Points as well as its digital platform. The program offers buyers hassle-free service, options to make payments easily, assured buyback and a variety of bike brands within various price ranges to choose from.

Commenting on the offering, Quikr COO & Head of QuikrBikes, Atul Tewari said, “Since the launch of our certified bikes under this program, we have seen a lot of interest for them among various age groups. The value of vehicles sold through Quikr in our auto vertical has grown more than 5 times in less than 18 months and the business continues to expand fast. Depending on the geography and demand, we plan to open 3 or more outlets in every city we are present in”.

With its 2.5 million monthly unique visitors and 50 Bike Points, QuikrBikes is India’s only online-to-offline marketplace.

About QuikrBikes: QuikrBikes is an online classifieds platform that helps customers buy and sell all types of motorbikes. It has the largest inventory of consumer and Quikr inspected bikes on the platform along with feature comparisons across models. QuikrBikes also offers insurance services, RTO assistance and a localized discovery module that displays recently posted and trending two-wheeler models around a particular location. Through its offerings like certified bikes, Quikr is helping people of India access, discover and transact for the products they always yearned for in a safe and secure manner before getting it delivered! Certified means refurbished goods by Quikr. These products (including the bikes) go through a series of checks before being listed on the platform.